Estee Lauder 2010 Annual Report Download - page 6
Download and view the complete annual report
Please find page 6 of the 2010 Estee Lauder annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2 -
3 -
4 -
5 -
6 -
7 -
8 -
9 -
10 -
11 -
12 -
13 -
14 -
15 -
16 -
17 -
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
 |
 |
I believe that the success of a company depends on contributions at every level. In addition to extending
my sincerest appreciation to all of our employees who worked especially hard in fiscal 2010, I would like to
thank our exceptional senior management teams for steering the Company so ably during a time of great
change, both internally and externally. I am indebted to the Board for its excellent advice and guidance and
would particularly like to thank my father, Leonard Lauder, who in his new role as Chairman Emeritus
continued to impart his passion, knowledge and wisdom. In addition, I want to express my gratitude to our
consumers for their continued enthusiasm for our products, our retailers who help express our brands’
philosophies and our stockholders for their support of our Company.
I admire our Company’s ongoing commitment to continue advancing our long-standing pledge of
corporate responsibility to make our workforce, our consumers and our investors proud. I am appreciative
of the many efforts of our brands and employees that help us, as a company, become a more responsible
global citizen.
Though I am cautiously optimistic that worldwide economies will begin to improve, I am confident that
we are positioning our Company for long-term sustainable, profitable growth. We have a diverse portfolio
of world-class brands, enormous geographic reach, a long history of entrepreneurship and innovation,
and a solid financial foundation. I am honored to be a part of shaping our vision as the leader in global
prestige beauty.
Sincerely,
William P. Lauder
Executive Chairman
5